Kossuth County Advance from Algona, Iowa on November 27, 1967 · Page 3
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Kossuth County Advance from Algona, Iowa · Page 3

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Location:
Algona, Iowa
Issue Date:
Monday, November 27, 1967
Page:
Page 3
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Verhe, teacher of Zoology and entomology «t Ames, gave A Study of Water Fowl in Sub-Afttic and Afetie North America at ft meeting; of the Des Mottles Aydtiboii Sootety Tuesday at Friends Mouse in DCS Moines. What do you thiiik of cofftfMftfvt 0i Ail In* vtatnttntf ha owned iftaroi lit several lor the last 10 years and they have not dene well. A. Hie paper industry developed extensive over-capacity in the 1950s and, While the industry has been grow* ing steadily, firms cut prices rathe* than production. This meant that, while basically this was good, growing industry, it had poor financial results. Therefore, paper company stocks 'have not been a rewarding investment in recent years. There is still some tendency on the part of paper firms to increase their capacity, but there has been better control of production and prices. If this trend continues, the industry should show better earnings in the future. Right now paper /firm stocks are selling at much, more .favorable price/earnings ratio than in the past. No date can be guaranteed when prices will get better, but I would say that the odds are in favor of improvement. Q. The company, for which I work has a stock purchase plan. I have boon having $31 a month (th« maximum, allowed mo) takon out of my pay each month to .buy shares. The company adds 15 per- cont to my purchase. Th« stock hasn't boon doing too woll for some months now and I'm wondering if I should soil the stock and put the' money into a savings and loan account? A. I'd wait a while. In the first place, with the company making you a present of 15 percent of your purchase, you haven't lost a cent of your own investment until the price has dropped 15 percent from what you paid for it. Where else can you get a 15 percent gift right at the start? In <the second place, I'd wait also because the stock 'has been in a slump apparently for less than a year. You may rest assured that management is concerned, too, and is trying to work out the problem. I'd give them a tfianoe. They've had a pretty good record of solving, their problems in the past. Still a third reason for hanging onto the, stock is that in a bank your savings will have no chance of appreciation to offset the effects of inflation. While the stock has gone down recently, and we can't guarantee the future, the odds for ton. provement would seem good, - and you're getting dividends in ithfe meantime. 0. My mother's estate was settled recently and I'm to receive $2,500. Since I don't know too much about picking good investments, wouldn't I be better off to buy share* in eight or ten companies, so as to be sure of getting one or two good ones, rather than buying only two of throe and having them all turn out badly? A. No, I don't think so. In the first place, studying eight or ten. stocks thoroughly enough to be sure you were making a good buy would be a tough project. With that sum of money, I (think you would fte better off to divide your investment among just three different companies. Since you're young and planning a long- term .investment program, 1 suggest that you select a good insurance company, a' good bank or a good utility. Insurance is an excellent growth industry, it is unpopular at the moment and many stocks are available at bargain prices. Banks and utilities too have good basic growth and at present are in a favorable buying range. Have you a question about investing? Mr. O'Hara, editor of the monthly magazine, "Better Investing", and one of the nation's recognized authorities, will answer as many as possible in his column or by personal mail, but must limit questions to those of more general interest. Correspondents will receive a free copy of "Better Investing". Write to T. E. O'Hara, National Association, of. Investment Clubs, Dept. S, Box 1056, Detroit, Michigan 48231. eeeeeeeeeeoeeeeeeeoeoo Lu Verne Christmas fair dated Dee. 7 at Ottosen Ottosen — The Lutheran Church Women met Wednesday afternoon with Mrs. Barrel Jones as hostess. Mrs. Richard Kinseth 'read the scripture. A skit was given by Mrs. Robsrt N J. LeMont, Mrs. Earl Olson, Mrs. Percy Watnem, 'Mrs. Ivan Evenson, Mrs. Jones and Mrs. Chester Alme. Mrs. Richard Kinseth & M;ts. Olvin Haug sang, Tr3- asure chests were received. Dec. 7 the women will serve a cafeteria supper and have a Christmas Fair at the Church. The public is invited. withi the Ga*y Aniikefs. The WacousU gifts and. boys fM Club had their Art' nuafl award night at the Commercial club building Thursday night. Howard Thompson was also re-elected to the Extension Council. Oceann Marie, daughter of the Donald Newtons, High Amana, was baptized Sunday at the Zion Lutheran church at Humboldt. Her paternal grandparents, the DeVere Newtons, attended from here. Following the services they joined other relatives at a dinner at the Keil Zinnel, home at Humboldt. , The Make It Yourself with Wool Contest held at Fort Dodge Saturday attracted 75 contestants. Mrs. Albert Thorsen was chairman of the Fort Dodge» District Contest. Others who attended from here were Mrs. Roy. Tdford, Mrs. Edward Zinnel, Mrs; Howard Hellickson, and Mrs. Donald Usher and Sara. Mrs. Richard Zeman aihd Mrs. Arthur Zeman attended funeral services for Marion Reese at the Baptist church at Laurens Monday afternoon. , The Legion AuxlBaiy met Monday night at Mrs. Mike Frohling's. There was a dts* cussion of Christmas gifts to be sent to the Veterans hospital in Des Moines. The eighth district dif which this unit is a part, was second in membership in the state membership drive. The county meeting was held November 21 at Thor. It was voted to send cards to all the local boy's in the service. Mrs. Eugene Struthers read a Thanksgiving story. Timmy Bennett had his 7th birthday Sunday and guests of his parents, the Tom Bonnets, were his grandparents, the Albert Claudes, Clarion, ^and Robert Whipples, Rritt, and Ronald Claudes, Blair, Neb. It was also an early Thanksgiving dinner. The Robert Speichs, Al- goffa, were Sunday guests at Afitone Spekh's. The Gary Coopers, Fort bodge, were Sunday afternoon visitors with Mrs. Essie Cooper. The Mike Coyles visited Anna and Gene Hanifan at Livermore Sunday. The Edward Ztnneta were Tuesday supper guests at August Schafer's, West Bend. Mrs. Jamas Barber and Rhonda, West Bend, were Akjena (lows) MONDAY, NOV. tf, 1*47 m Carpet cleaning made easy! N«w Eltctric Up-Brush 9 HOST Brushes the pile upward, removes deep dirt and eliminates matting. No wet carpet, no handwork. Price quoted includes Most Cleaner to clean 300 sq. ft. of carpet plus use of Electric Dp-Brush. READ'S FURNITURE Call 5-2216, Algona •Frigidaire • Maytag •Monarch SALES ft SERVICE BEED HARDWARE & APPLIANCE Titenks, Iowa Phono WM127 i I • BROTHER DIES Henry Kampen, 64, brother of Fred Kampen died at Cedar Falls. He had been sick for a while with a heart attack followed by two strokes. The Hans Kampens, Laurens, and Curt .Paeper, Ft. Knox, Ky. were Sunday dinner guests at the Fred Kampen's. Hans Kampen is also a brother. FATHER IS DEAD W. G. Moench, 70, of Humboldt, father of Mrs. Dean Telford died at Lutheran Hospital -and funeral services were held Tuesday afternoon at the Beaver Township Lutheran church at Humboldt. Several from here attended. Mr. and Mrs. Clifford Hoimes left Saturday from Des Moines, by plane for Yuma, Ariz., where they will visit 10 days in the home of their son 'and family, Major an$ Mrs. Lyell Holmes, Julie, Jackie •and Brian. While there they will make the acquaintance of their new grandson, Brian, who was born in August to Major and Mrs.. Holmes. Dennis Awe, son of Mr. and Mrs. Gerald Awe, aiuTa student ait Iowa State University in Ames, was a weekend guest of his parents and attended homecoming. 'David Traugor, son .of Mr. and Mrs. Harold Trauger, Lu- The H. D. Bensons were Sunday guests of his sister, Mrs. Emma Nelson, Fort Dodge. Other members of the family were also guests. The Carroll Olsons were Sunday guests of his parents, the Tom Olsons, West Bend. The Tom Olsons, II, and Sigurd, Albuqurque, N. M., were also guests and are visiting the Tom Olsons this week. Monday the Tom Olsons, II, will go to Iowa City to get their daughter Kris, who is attending the university of Iowa and she too will visit the Tom Olsons, West Bend. Tony, son of the Gary An- likers, had a birthday November 5. Guests in the afternoon at a luncheon supper were the Clyde Gingeriches, Abraham Habegars, Ben An- likers, Ernest Habegars, West Bend, Melvin Eliingsons, Ottosen, and Mrs. Gary Anliker's great uncle, Hugo Bleich, San Diego, Calif. Mrs. Elizabeth Anliker, Algona, was also a guest for the weekend UTTER YIT • LET'S TALK TURKEY AND GAS APPLIANCES Irow Now Uatil Joa. 1,1968 Wt Will Givt A 10 to 11 u. WITH THE PURCHASE OF ANY MAJOR GAS APPLIANCE STOP IN NOW-LET'S TALK TURKEY AND GAS APPLIANCES NORTH CENTRAL PUBLIC SERVICE CO. BIG BEAR'S "MONEY-SAVING December ANIMAL TWISTER by "Milton Bradley" A groat game, hours of entertainment. No. 4799. Big Boar oa, ALGONA IOWA PHQNE 295-2494 Prieti thru Pec- 14««< 1W7 Bigger stUetion, greater savings ... is what makes •hopping Big Bear's Toyland so great. All prices sub. ject to stock on hand. NEW BEHDABLE by "Mattel" With The Twist 'N Turn Waist! Bends and posos like a real person. Now face, hair-do, real oyelashc No. 1160 ::. .\ BABY'S HUNGRY by "Mattel" Mouth moves when she oats, cheeks move when she nurses, her eyes look all around. Look-alive doll features. 17'/2" till. No. 3045 - Milton Bradley'! No. 4722 Big Boar's Low Price f«e ^teoa-Buj-Gifct! TOOTSIETOY CARS MM§ et astertment. Ne. 113$, Bit Btar .......................... HOLSTER SET by "Dmltt." Ne. 711, Bit Beer ................................ Desert Rat COMBAT CAR by "i«MWy L Cor,." N*. »7J, Bj ( Bter ....................... Rose Bouquet TEA SET by "Irwin C»rp." Stere Ne. Ml], Bi« Bear ..................... OUUA BOARD Tbt f«scin«»inf Ttlkinf BearJI. N». Ml, |i| Bt cr ............... Join Deere TRACTOR by f rtl Mff . Qf tail r«»litm. Nt. Jja, Bif Btar ................. CHRISTMAS WRAP C rttt 770 Nf. SS-I4H, Bif B M r ....... . .................................. fj p, c k f | | AM RAOi'O r ..« ..„„„. BLENDER Star Hwy. 18 Open Daily I a.m. to $ p.m. — Fridf y until f pjn. '"ii ^

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